What were the other assets for Corcoran in the middle year presented?
Corcoran Franchise · 2025 FDDAnswer from 2025 FDD Document
| Year Ended December 31, | ||||
|---|---|---|---|---|
| 2024 | 2023 | 2022 | ||
| Operating Activities | ||||
| Net loss | (127) | $ (98) | $ (283) | |
| $ | ||||
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||
| Depreciation and amortization | 198 | 196 | 214 | |
| Deferred income taxes | (2) | (33) | (96) | |
| Impairments | 20 | 65 | 483 | |
| Amortization of deferred financing costs and debt premium | 8 | 8 | 9 | |
| (Gain) loss on the early extinguishment of debt | (7) | (169) | 96 | |
| Loss (gain) on the sale of businesses, investments or other assets, net | 3 | 2 | (135) | |
| Equity in (earnings) losses of unconsolidated entities | (7) | (9) | 28 | |
| Stock-based compensation | 17 | 12 | 22 | |
| Mark-to-market adjustments on derivatives | — | — | (40) | |
| Other adjustments to net loss | (2) | (6) | (7) | |
| Net change in assets and liabilities, excluding the impact of acquisitions and dispositions: | ||||
| Trade receivables | 4 | 97 | (55) | |
| Relocation receivables | (12) | 72 | (96) | |
| Other assets |
Source: Item 23 — RECEIPTS (FDD pages 75–276)
What This Means (2025 FDD)
According to Corcoran's 2025 Franchise Disclosure Document, the net change in other assets for the year ended December 31, 2023, was $105. This figure is part of a larger table detailing the adjustments used to reconcile net loss to net cash provided by or used in operating activities.
This number reflects the changes in Corcoran's assets, excluding items like trade receivables and relocation receivables, as they impact the company's cash flow. For a potential franchisee, understanding these changes can provide insight into how Corcoran manages its assets and liabilities, and how these management practices affect the company's financial performance.
It's important to note that this figure is just one component of Corcoran's overall financial picture. A prospective franchisee should review the entire table and other financial statements in the FDD to gain a comprehensive understanding of the company's financial health. Additionally, it would be prudent to discuss these figures with a financial advisor to fully assess the implications for their investment.